Eco Analysis - UK economy shaping up for a strong Q2 (H. Amourda, B. Hilliard)
Very few data were released today. Spanish registered unemployment change declined by nearly 98.3k people ahead of the summer. In the UK, the BRC survey points to a rebound in sales in May while the construction PMI rose to 50.8 from 49.4 on the back of a strong jump in the housing component. On Wednesday, we expect the May services PMI to post some strong gains in Spain and Italy, while the divergence between the euro area and the UK should pause in May.
Showing posts with label Herve AMOURDA. Show all posts
Showing posts with label Herve AMOURDA. Show all posts
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